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SoftBank Group Corp. (9984) · InitiativeAchieved

Expansion of investment management capabilities through the acquisition of Fortress

First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2018-Q3.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017AdvancedFY2018-Q2 – FY2018-Q32017: 220172018: 12018
Same theme, other companies
Expansion of investment management capabilities through the acquisition of FortressA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2018-Q3AchievedAnnual report

    「The acquisition of Fortress was completed on 27 December 2017, and Fortress became a subsidiary for a total consideration of $3.162 billion (¥358.612 billion).」

    The acquisition of Fortress Investment Group was completed, making it a wholly owned subsidiary. The acquisition process to expand investment management capabilities was completed.
  2. FY2018-Q2AdvancedAnnual report

    「This includes ¥157.436 billion deposited into an escrow account from funds borrowed for the planned acquisition of Fortress Investment Group LLC by the Company.」

    The Company deposited ¥157.436 billion of borrowed funds into an escrow account for the acquisition of Fortress, advancing the acquisition process from a funding perspective.
  3. FY2017First statedAnnual report

    「We will acquire Fortress for $3.3 billion and obtain 100% of Fortress’s issued shares.」

    The Company disclosed a commitment to acquire all shares of investment manager Fortress for $3.3 billion, demonstrating its expansion into investment management. The acquisition was subject to approval by the relevant regulatory authorities and other conditions.
Moved together

"Expanding business domains through investment in new businesses and growth companies" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Expanding business domains through investment in new businesses and growth companies2×
  3. 2Transforming into a Global Company Toward “SoftBank 2.0”2×
  4. 3Acquisition and retention of core lines and bundled sales of telecommunications and broadband services2×
  5. 4Expansion into the semiconductor and IoT sectors through the acquisition of Arm2×
  6. 5Large-Scale Technology Investments by the SoftBank Vision Fund2×
  7. 6Sprint Operating Expense Reduction and Structural Reform2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Expansion of investment management capabilities through the acquisition of Fortress | SoftBank Group Corp. (9984) | Komori